SpaceX reports record revenue and Starship, Starlink progress in Q2 2026

SpaceX released its Q2 2026 financial results following its public debut, with $7.81 billion in revenue, a 92% year-over-year increase. Net losses narrowed to $541 million. Elon Musk confirmed Starship Flight 14, scheduled for the end of the month, will deploy the first Starlink V3 satellites into orbit and attempt upper stage catch to enhance reusability. Starlink doubled active users to 12 million, generating $4.29 billion in revenue and launched the new V5 dish. Starlink aims for gigabit speeds and plans a standalone mobile service with no dead zones by late 2027.

• Q2 2026 revenue: $7.81 billion, +92% year-over-year
• Starship Flight 14 to launch Starlink V3 satellites and test stage catch
• Starlink has 12 million active users and $4.29 billion revenue

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